Deep Shah (Job) (169 Points)
06 July 2019where to show dividend income from mutual funds exempt u/s 10(35) in ITR-1?
Because in ITR Forms in exempt income drop down menu there is no specific section mentioned for section 10(35). If you see there is options of Section 10(10D), Section 10(11), Section 10(34) etc. But no specific section for 10(35).
rama krishnan
(12239 Points)
Replied 06 July 2019
rishabhsharma
(Article Assistant)
(140 Points)
Replied 17 July 2019
Dividend received from mutual fund is exempt u/s 10(35) without any limit.
Please show this dividend in Other exempt income in schedule EI.
In Nature of income please select "Any Other" and Fill descripttion as per your requirement.
Thanks
CAclubindia
